Today GE Aerospace released its 2025 Annual Report, which includes Larry Culp’s Letter to Shareholders and 2025 10-K.
In his letter, Larry reflects on the culture we are building at GE Aerospace—one rooted in the behaviors of Respect for People, Customer Driven, and Continuous Improvement and guided by FLIGHT DECK, our proprietary lean operating model, to deliver for customers.
He writes, “While 2024 was marked by big moments and bright spotlights as GE Aerospace launched as an independent public company, 2025 was defined by countless small, impactful moments that together were just as significant. It is the compounding effect of these seemingly minor, incremental changes where FLIGHT DECK is making a meaningful difference.”
With nearly one million people in the air right now with GE Aerospace and our partners’ technology underwing, every detail matters and our focus is on safety, quality, delivery and cost (SQDC), always in that order. From empowering our teams on the ground with the trust they need to improve processes, to strengthening our commitment to predictability, improved time-on-wing, and lower cost of ownership, we are relentlessly pursuing technological innovations that better serve our customers and deliver what they value most.
Additionally, today we filed our 10-K. As a reminder, our 10-K does not include the re-segmentation impact to segment financials from the recently announced organizational changes. We plan to provide re-casted segment financials before 1Q earnings.
Larry concludes in his letter, “While our financial performance in 2025 was certainly encouraging, our aspirations are not about having a solid quarter or year – it's about having a great decade. With our behaviors and FLIGHT DECK at work at every level of the company, there is no limit to what we can achieve. Thank you for your investment and belief in GE Aerospace.”
Thank you for your continued interest in GE Aerospace,
The Investor Relations Team